TendieTensor TendieTensor
You’re browsing as
Guest
Free Preview
Sign in/sign up to unlock all features.

News  ›  GlobeNewswire Inc.

Parex Resources Announces Llanos Foothills Strategic Alliance, Operational Strength, and Timing of 2026 Guidance

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Parex Resources Inc.
Parex Resources Announces Llanos Foothills Strategic Alliance, Operational Strength, and Timing of 2026 Guidance

Parex Resources and Ecopetrol have finalized a strategic alliance in the Llanos Foothills exploration program, securing regulatory approvals for Niscota and Farallones blocks. The company maintains strong production levels and plans to release 2026 guidance in January.

Insights
MTSR   positive

Successfully defended its board's decision to consider Novo Nordisk's proposal and received court support


EC   positive

Successfully collaborating with Parex in a 50/50 strategic partnership, advancing exploration prospects and regulatory approvals